Gloucester Township NJ Real Estate Market Statistics: September 25th to October 1st, 2023
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In the ever-evolving world of real estate, staying informed about local market trends is crucial, whether you're a potential buyer, seller, or just a curious observer. This article provides an in-depth analysis of Gloucester Township NJ's real estate market statistics for the week of September 25th to October 1st, 2023. We will delve into key metrics, including the number of listings, average list prices, pending sales, closed transactions, days on market, and the netting percentage above asking price. Let's explore what's been happening in this vibrant housing market.
Current Listings
To kick things off, let's take a look at the current listings in Gloucester Township NJ as of September 25th, 2023. There are 66 homes actively listed on the market, with an average list price of $363,926. These homes offer a diverse range of options for potential buyers, catering to various budgets and preferences.
Coming Soon Listings
If you're a house-hunter planning for the future, you'll be interested in the 8 "coming soon" listings. Keep an eye on these properties as they become available, and you might just find your dream home among them.
Pending Sales
For those eager to gauge the market's vitality, there are currently 73 pending homes in Gloucester Township. These homes have piqued the interest of buyers and are awaiting finalization. The high number of pending sales suggests a strong demand for homes in the area.
Closed Transactions Gloucester Twp NJ Market Report | Active, Sold and Pending
Over the past week, 15 homes in Gloucester Township have successfully closed. The average sold price for these properties stands at an impressive $301,960. What's even more remarkable is that these homes spent an average of just 18 days on the market before finding their new owners.
Hot Market Alert!
The Gloucester Township real estate market is undoubtedly hot, and here's the proof: sellers of the homes that closed, on average, netted an astonishing 2.72% above their asking price. This figure underscores the competitive nature of the market and the potential for sellers to achieve outstanding results.
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Conclusion
In conclusion, the Gloucester Township NJ real estate market continues to thrive, showcasing robust numbers in terms of active listings, pending sales, closed transactions, and remarkable returns for sellers. Whether you're looking to buy or sell a home in this area, these statistics demonstrate the current state of the market and the opportunities it presents.
If you're considering a move or purchasing in Gloucester Township, now might be the ideal time to act. Stay informed, consult with local real estate experts, and make the most of this dynamic market.
Call Dave Sulvetta Gloucester Twp NJ Realtor 856.889.8163
Email Dave Sulvetta dave@davesulvetta.com
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